The Union cabinet is expected to consider tomorrow liberalising foreign direct investment (FDI) policy for the cash-starved medical devices sector.
The proposal to relax the policy has been mooted by
Government has imposed certain restrictions on FDI in railways for projects in "sensitive areas" by stipulating that proposals seeking overseas investments beyond 49% will be cleared by the Cabinet Committee
Shares in defence equipment makers gain after the government increased the FDI investment limit in the defence sector to 49 percent.
Astra Microwave Products Ltd gains 1
FIPB has approved foreign direct investment (FDI) proposals worth Rs 1 528. 38 crore from 14 firms including ACME Solar Energy and Sinclairs Hotels
The US India Business Council (USIBC) has sought an increase in FDI cap in key sectors like insurance and defence in Modi government's maiden Budget to be presented tomorrow .
The government should raise the FDI cap in the defence sector to at least 51% in order to make the segment more attractive to foreign investors and reduce import dependence,
With growth trending below 5 per cent for two successive years, Finance Secretary Arvind Mayaram today said India would prefer the FDI route over FII inflows if overseas resources need
The foreign direct investment (FDI) into India has declined 26% to$ 1. 70 billion in April - the lowest in last five months according to the data of Department
Stay informed on our latest news!
William D. Green
Chairman & CEO, Accenture